Joshua L. Glover - Apr 3, 2023 Form 4 Insider Report for nCino, Inc. (NCNO)

Role
President & Chief Rev Officer
Signature
/s/ Jeanette Sellers, Attorney-in-Fact for Joshua L. Glover
Stock symbol
NCNO
Transactions as of
Apr 3, 2023
Transactions value $
-$1,086,579
Form type
4
Date filed
4/5/2023, 06:01 PM
Previous filing
Feb 6, 2023
Next filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NCNO Common Stock Options Exercise $658K +132K +50.56% $4.98* 393K Apr 3, 2023 Direct
transaction NCNO Common Stock Sale -$1.74M -72.9K -18.53% $23.94 320K Apr 3, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NCNO Stock Option (Right to Buy) Options Exercise $0 -132K -100% $0.00* 0 Apr 3, 2023 Common Stock 132K $4.98 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold to cover the exercise price and taxes due in connection with the reporting person's cashless exercise of a stock option to acquire 132,058 shares, as reported in this Form 4.
F2 The price reported in Column 4 is a weighted average price. The shares of common stock of the Issuer ("Share") were sold in multiple transactions at prices ranging from $23.90 to $24.16, inclusive. The reporting person undertakes to provide to nCino, Inc., any security holder of nCino, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2).
F3 This option is currently exercisable.